Farmers Movement Archive

Summer onion prices rise by 44% at Lasalgaon

Nashik: The average wholesale price of summer onions increased by 44% to Rs 2,600 per quintal while the kharif variety by 15% to Rs 3,100 at the Lasalgaon APMC on Wednesday. The average price of summer onions was recorded at Rs 1,800 per quintal and kharif Rs 2,700 at the market on the last working day on Monday. The auction was not held on Tuesday due to the Bharat Bandh call given by farmers and opposition parties against the farm laws. According to APMC officials, the average wholesale price increased due to a drop in supply. The summer onions arriving in the market are around seven months old as they were harvested in April and May. Their quality has deteriorated and they are fetching low rates as compared to the fresh kharif onions. On the contrary, the kharif onions have a shelf life of less than a month, forcing farmers to sell them at the prevailing market rates. “Farmers are still bringing summer onions from their storages and are expected to continue to do that for a couple of weeks more. The arrival of kharif onions is, however, yet to pick up,” said APMC officials. “The rain badly damaged the kharif plantation. Moreover, the plantation was also delayed due to the late rain. We are expecting the arrival of kharif onions to increase by the end of this month,” said APMC officials. According to the officials, the average wholesale onion prices are expected to remain in the range of Rs 2,500 to Rs 3,500 per quintal over the next fortnight.

The Times of India

2020-12-10

Nashik